Guoguang Electric Co Chengdu (SHSE:688776) Days Sales Outstanding : 443.64 (As of Mar. 2024)

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What is Guoguang Electric Co Chengdu Days Sales Outstanding?

Guoguang Electric Co Chengdu's average Accounts Receivable for the three months ended in Mar. 2024 was ¥773.9 Mil. Guoguang Electric Co Chengdu's Revenue for the three months ended in Mar. 2024 was ¥159.2 Mil. Hence, Guoguang Electric Co Chengdu's Days Sales Outstanding for the three months ended in Mar. 2024 was 443.64.

The historical rank and industry rank for Guoguang Electric Co Chengdu's Days Sales Outstanding or its related term are showing as below:

SHSE:688776' s Days Sales Outstanding Range Over the Past 10 Years
Min: 142.39 Med: 193.81 Max: 377.66
Current: 377.66

During the past 7 years, Guoguang Electric Co Chengdu's highest Days Sales Outstanding was 377.66. The lowest was 142.39. And the median was 193.81.

SHSE:688776's Days Sales Outstanding is ranked worse than
97.97% of 2960 companies
in the Industrial Products industry
Industry Median: 79.61 vs SHSE:688776: 377.66

Guoguang Electric Co Chengdu's Days Sales Outstanding increased from Mar. 2023 (359.91) to Mar. 2024 (443.64).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Guoguang Electric Co Chengdu Days Sales Outstanding Historical Data

The historical data trend for Guoguang Electric Co Chengdu's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Guoguang Electric Co Chengdu Days Sales Outstanding Chart

Guoguang Electric Co Chengdu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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160.52

172.84

221.54

214.76

333.75

Guoguang Electric Co Chengdu Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															359.91	251.27	515.44	415.22	443.64

Competitive Comparison of Guoguang Electric Co Chengdu's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Guoguang Electric Co Chengdu's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Guoguang Electric Co Chengdu's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guoguang Electric Co Chengdu's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guoguang Electric Co Chengdu's Days Sales Outstanding falls into.

Guoguang Electric Co Chengdu Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Guoguang Electric Co Chengdu's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (614.426	+	748.839)	/	2 )	/	745.449	*	365
=	681.6325					/	745.449	*	365
=	333.75

Guoguang Electric Co Chengdu's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (748.839	+	798.995)	/	2 )	/	159.182	*	365 / 4
=	773.917					/	159.182	*	365 / 4
=	443.64

Guoguang Electric Co Chengdu (SHSE:688776) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Guoguang Electric Co Chengdu Days Sales Outstanding Related Terms

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Guoguang Electric Co Chengdu (SHSE:688776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guoguang Electric Co Ltd Chengdu (SHSE:688776) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

No.117 Xingguang West Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100

Website

http://www.chinaguoguang.com

Guoguang Electric Co Ltd Chengdu is engaged in the research and development, production and sales of vacuum and microwave application products.

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